The Lebanese cabinet has approved a plan to restructure the country's ailing electricity sector vowing to provide power 24 hours a day. AFP
The Lebanese cabinet has approved a plan to restructure the country's ailing electricity sector vowing to provide power 24 hours a day. AFP

Power in the wrong hands can corrupt



Since the 15-year civil war, Lebanon has suffered power cuts of up to 20 hours a day. Energy minister Nada Boustani has vowed to tackle this power shortage as early as next year with a package of reforms, which aim to provide round-the-clock electricity by 2020. If she is successful, it would end decades of power cuts and a beleaguered system, as the sector is bogged down by endemic failures such as poor infrastructure, corruption, fraud and an inability to produce enough electricity. Her proposal involves three key stages: it aims to reduce the amount of electricity wasted – amounting to a shocking third of the total supply, either from poor distribution or by illegal activities such as residents fraudulently hooking up to power supplies. Secondly, the government would increase production with temporary power plants and build six permanent ones. Thirdly, authorities would reduce their debt burden by cutting subsidies, aligning prices to the oil market and regulating privately generated electricity. The state organisation Electricite du Liban is propped up by $2 billion a year in subsidies. Price hikes will undoubtedly be unpopular, as residents already pay two electricity bills – both public and private – and in many cases still lack full coverage, but they are much-needed to cut off the head of the hydra.

This is not the first time Lebanese residents have been promised a solution but nefarious behaviour from officials, mismanagement and disagreements among the powerful political parties that control the country have undermined previous attempts. However, there is reason for cautious optimism this time around. In a rare show of unison, the cabinet unanimously agreed Mrs Boustani's plan, although it still needs to be ratified by parliament. However, the truth is that Lebanon is simply running out of options.

Beirut must implement economic and financial reforms to unlock $11 billion in donor aid, pledged at the Cedre international development conference in Paris last year, starting with an "overhaul of the electricity sector", in the words of Farid Belhaj, the World Bank vice president for the Middle East and North Africa. Today, however, the public sector not only relies on private generators for electricity; it is also dependent on foreign energy. In 2017 and 2018, Syria sold electricity to Lebanon, a questionable choice given that Syrians still suffer from severe power cuts, among a host of other issues. That source might alleviate Lebanon's problems in the short term but it also makes the Lebanese government beholden to Syria, as Beirut must obtain Syrian permission before it can buy electricity from other countries such as Jordan, which has a surplus to sell. With some factions in Lebanon campaigning to normalise relations with Syria, the issue of who supplies the power has become even more deeply politicised. In many ways, the electricity issue is a microcosm of the corruption that has plagued Lebanon for too long. Politicians must set aside their differences and personal agendas to improve the lives of ordinary citizens and allow Lebanon to become truly self-reliant. Only then can its government claim to take responsibility for providing one of its people's most fundamental and basic needs.

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Three ways to get a gratitude glow

By committing to at least one of these daily, you can bring more gratitude into your life, says Ong.

  • During your morning skincare routine, name five things you are thankful for about yourself.
  • As you finish your skincare routine, look yourself in the eye and speak an affirmation, such as: “I am grateful for every part of me, including my ability to take care of my skin.”
  • In the evening, take some deep breaths, notice how your skin feels, and listen for what your skin is grateful for.
While you're here
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Business Insights
  • Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
  • The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

FROM%20THE%20ASHES
%3Cp%3EDirector%3A%20Khalid%20Fahad%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Shaima%20Al%20Tayeb%2C%20Wafa%20Muhamad%2C%20Hamss%20Bandar%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed

Director: Jon Favreau

Starring: Donald Glover, Seth Rogen, John Oliver

Rating: 2 out of 5 stars

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

The specs

Engine: 3.8-litre twin-turbo flat-six

Power: 650hp at 6,750rpm

Torque: 800Nm from 2,500-4,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 11.12L/100km

Price: From Dh796,600

On sale: now

The specs: 2018 Infiniti QX80

Price: base / as tested: Dh335,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 400hp @ 5,800rpm

Torque: 560Nm @ 4,000rpm

Fuel economy, combined: 12.1L / 100km